VOLUNTEER STATE COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

VOLUNTEER STATE COLLEGE FOUNDATION

EIN 58-1863050 · Philanthropy, Voluntarism & Grantmaking Foundations (T)

What they do

to RAISE and ADMINISTER FUNDS to SUPPORT THE EDUCATIONAL OBJECTIVES of VOLUNTEER STATE COMMUNITY COLLEGE and SOLICIT THE ACTIVE INVOLVEMENT of ALL COMMUNITIES WITHIN OUR SERVICE AREA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.91%of revenue went to mission work85.1% of expenses · Program services

0.70%of revenue went to fundraising0.8% of expenses

$85.66spent for every $100 of revenueRevenue covered expenses this year.

12.04%of revenue went to management and office costs14.1% of expenses

$10.21in assets for every $1 spent this yearSome assets cannot be spent right away.

69.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $57,008 for DR WENDI TOSTENSON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,238,260

Mission workProgram services$902,85672.91% of revenue85.1% of expenses

ManagementOffice and general costs$149,14112.04% of revenue14.1% of expenses

FundraisingAsking for donations$8,6940.70% of revenue0.8% of expenses

Revenue left after expensesReported annual surplus$177,56914.34% of revenueShown in gray on the chart

Total expenses$1,060,69185.66% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.1% mission · 14.1% management · 0.8% fundraisingTotal expenses: 85.66% of revenue

2023Expense mix: 82.2% mission · 14.8% management · 3.0% fundraisingTotal expenses: 50.71% of revenue

2022Expense mix: 81.6% mission · 15.5% management · 2.9% fundraisingTotal expenses: 92.50% of revenue

2021Expense mix: 77.6% mission · 18.0% management · 4.4% fundraisingTotal expenses: 73.03% of revenue

2020Expense mix: 62.5% mission · 29.1% management · 8.5% fundraisingTotal expenses: 72.71% of revenue

2019Expense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 103.97% of revenue

2018Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 98.84% of revenue

2016Expense mix: 83.9% mission · 16.1% management · 0.0% fundraisingTotal expenses: 62.40% of revenue

Money in and money out

Revenue$1,238,260

Expenses$1,060,691

Annual surplus $177,569 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$902,856 · 85.1% of expenses

Management and office costs$149,141 · 14.1% of expenses

Fundraising$8,694 · 0.8% of expenses

See all reported dollar amounts

Revenue$1,238,260

Expenses$1,060,691

Assets$10,833,809

Income$3,162,145

Contributions$860,661

Mission work (program services)$902,856

Fundraising$8,694

Grants given$4,031,859

Average grant$268,791

Management and general$149,141

Stocks and bonds$10,126,994

Investing fees$75,302

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR WENDI TOSTENSONPRESIDENT · 10 hrs/week $57,008Base · Other $57,008

KAREN MITCHELLEXECUTIVE DI · 25 hrs/week $45,025Base · Other $45,025

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

DR WENDI TOSTENSONPRESIDENT

KAREN MITCHELLEXECUTIVE DI

REP JOHNNY C GARRETT IVTRUSTEE

JO ANN GRAVESCHAIR

JOANNE WALKERTRUSTEE

JOHNATHAN WESTTRUSTEE

KIM BAKERCAMPAIGN CHA

LEISA BYARSTRUSTEE

LK LANNOMTRUSTEE

LORI JOHNSONTRUSTEE

PHILLIP BENNETTTRUSTEE - EX

JIM HARDINGTRUSTEE

REP WILLIAM G LAMBERTH IIITRUSTEE

SHIRLENE CAMPBELLTRUSTEE

SHIRLEY ARRENDALETRUSTEE

STEPHEN ANDERSONTRUSTEE

STEVEN PARKERPAST CHAIR

SUSAN HIGH-MCAULEYVICE CHAIR

TIM MCGILLTRUSTEE - PA

TOMMY DECKERTRUSTEE

TONY GREGORYTRUSTEE

DR BILL TAYLORTRUSTEE

BOB ATKINSTRUSTEE

BUDDY SHAWTRUSTEE - EX

CHAD COLEYTRUSTEE - EX

DAISY CASEYTRUSTEE

DAVID GOULDTRUSTEE

DAVID GREGORYTRUSTEE - EX

DAVID BATE PARSONSTRUSTEE

DIXIE JONESTRUSTEE

DR ANDREW FINNEYTRUSTEE

BILL NICHOLSTRUSTEE - EX

DR JOHN BARTEKTRUSTEE

DR MARK CARTERTRUSTEE

ED MAYBERRYTRUSTEE

EVELYN HILLTRUSTEE

FRANK PINSONTRUSTEE

GINA SCOTTTRUSTEE - EX

GRACE TOMKINSTRUSTEE

JEREMIAH BENNETTTRUSTEE

About this charity

Recognized since: January 1989
Location: 1480 NASHVILLE PIKE, GALLATIN, TN 37066
County: Sumner
In care of: KAREN MITCHELL
Primary officer: KAREN MITCHELL, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailfoundation@volstate.edu Phone(615) 230-3506 Officer phone(615) 230-3505

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BLANKENSHIP CPA GROUP PLLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T)
IRS tax category: Philanthropy, Voluntarism & Grantmaking Foundations
Grant-giving organization: Yes